buy

Ethereum Short Liquidation: $191K Closed at $4,563.19

I noticed a short on ETH was liquidated — a $191,000 position closed out at $4,563.19. This on-chain liquidation signal for Ethereum suggests short sellers were stopped out around the $4,563 level, driving near-term bullish momentum in ETH price action.

Source available for registered users Sign Up Free

AI Analysis

The reported liquidation shows a significant leveraged short was force-closed at $4,563.19, which often indicates short-covering and a squeeze-driven price move. Liquidations of this size can amplify ...

AI Recommendation

Given the short liquidation and potential short-squeeze dynamics, consider a cautious long bias on ETH but size positions conservatively. Look for confirmation through continued buying pressure, highe...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: